s 7.2
In forceVacancy in office of liquidator (Corporations Act s 473A and s 499(3) and Insolvency Practice Schedule (Corporations) s 90‑15)
Division 7Liquidators
7.2 Vacancy in office of liquidator (Corporations Act s 473A and s 499(3) and Insolvency Practice Schedule (Corporations) s 90‑15)
If, for any reason, there is no liquidator of a company under external administration, the Court may appoint a registered liquidator whose written consent in accordance with Form 8 has been filed.
Note:
The Court may make the appointment:
(a)
on its own initiative, during proceedings before the Court; or
(b)
on application under section 90‑20 of the Insolvency Practice Schedule (Corporations).
See subsection 90‑15(2) of that Schedule.
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